- NewAge Inc (NASDAQ:NBEV) has appointed Ed Brennan, Chair of its board, as the interim Chief Executive Officer, effective immediately.
- Brennan succeeds Brent Willis following his resignation earlier in 2022.
- Related: NewAge Preliminary Q4 Revenue Misses Street View; CEO Brent Willis Resigns
- Brennan will retain his Chair responsibilities while the board continues its CEO search.
- Brennan has served as a member of NewAge’s board since 2017 and as Chair since January 2022.
- He had previously served as the Chairman and CEO of the global luxury retailer Duty Free Shoppers for more than two decades.
- Price Action: NBEV shares closed higher by 9.27% at $0.64 on Wednesday.
Aytu BioScience Q4 Sales $23.50M Beat $20.90M Estimate
Aytu BioScience (NASDAQ:AYTU) reported quarterly sales of $23.50 million which beat the analyst consensus estimate of $20.90 million by 12.44 percent. This is a 58.13 percent increase over sales of $14.86 million the